Today we give you an analysis of the Evanston IL Real Estate September 2018 market report. Evanston has had a seller’s market for a long time and that is changing. At least for the last quarter of 2018. Consider this to be an opportunity for buyers.

This report covers a 30-day time frame ending October 14 of 2018. We compare the stats to the same time frame but one year ago. This is a good indication of the health of the Evanston IL real estate market.

Overall, we have a 3% drop in new listing. Closed sales are down 4%. However, Evanston has a 9.6% change in inventory of all types of homes. Let us break it down further. That is single family homes and attached property or condos.

Click Evanston IL housesfor sale and Evanston IL condos for sale to see the latest inventory. This is a direct link to the Multiple Listing service or MLS. The data is updated as it is listed. Feel free to take advantage of this tool.

New listings of single-family homes are down 10.8%. Under contract properties are down 3%. Closed sales of houses are down 24.2%. The average sales price is now down 7.7% to $576,496. The average market time is up 3.1% to 66 days.

New listings of condominiums are up 4.3%. Under contract condos are down 36.5%. The average sales price is down 13.2% to $225,000. The average market time is down 6.5% to 43 days before a contract.

Evanston IL Real Estate September 2018

We are Coldwell Banker Evanston. Call us day or night at (800) 858-7916. There is an agent on call to answer your real estate questions and help you in any way. First time home buyers are very welcome. We will guide you through the entire process.

Evanston IL is a very popular community to call home. Public transportation is very accessible via the Metra and EL trains.